Saturday, July 01, 2006

Collective2: KNL out

Stock traded down on heavy volume following the dividend payment. It was able to close on the 200-day MA but another day of downside looks possible here. The 500 share lot closed for a -$315 loss. But this does not include a +$50 dividend payment on the position. I will be looking for one more position to replace this one.





 
f9229fcfd1b1390be00cfccc86c90349c93a4179bf4227457c